Overview
What is New England Residential Services Inc?
New England Residential Services Inc is a nonprofit organization based in Middletown, Connecticut, operating on 282 Main Street Ext 2nd Floor. Its primary mission is to help individuals with developmental disabilities live fulfilling lives as respected members of their communities. The organization runs group homes and community integration programs for 38 individuals, providing them with living arrangements and support to make choices about their lives. Their goal is to help these individuals contribute to their community by supporting them at home and at work, enabling them to participate and integrate effectively. The organization employs 165 individuals.
Official website here: www.newenglandresidential.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star rating)
New England Residential Services Inc has received an overall rating of 86% from Charity Navigator, indicating a solid performance in accountability and finance. The organization boasts a fully independent board, which enhances governance and oversight. It scores exceptionally well in areas such as financial statements and the implementation of essential policies, including conflict of interest and whistleblower protections.
The program expense ratio stands at 89.40%, suggesting that a significant portion of its expenditures directly supports its programs. This strong focus on program spending is a positive indicator of the nonprofit's commitment to its mission. Additionally, the absence of material diversion of assets further reinforces its financial integrity.
However, the liabilities to assets ratio is noted at 63.42%, which may raise concerns about financial stability in the long term. While this score does not detract from the organization’s strengths, it highlights an area that potential donors may want to consider when assessing overall financial health. Overall, New England Residential Services Inc demonstrates a commendable commitment to transparency and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is New England Residential Services Inc legitimate?
New England Residential Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New England Residential Services Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $144,234
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,819,149
For more financial information, click here
Official website here: www.newenglandresidential.com
What is the mission statement of New England Residential Services Inc?
New England Residential Services Inc's mission is centered around assisting individuals with developmental disabilities to live fulfilling lives as valued members of their community. Their purpose extends to providing living arrangements and support for these individuals, empowering them to make choices about their lives, and enabling them to contribute to their community at home and at work. The organization operates group homes and community integration programs to facilitate the participation and contribution of 38 individuals with developmental disabilities.
Official website here: www.newenglandresidential.com
Who is the CEO of New England Residential Services Inc?
Maureen Feitelson is the Executive Di of New England Residential Services Inc.
Official website here: www.newenglandresidential.com
What is the revenue of New England Residential Services Inc?
New England Residential Services Inc's revenue in 2022 was $6,660,927.
Official website here: www.newenglandresidential.com
Who are the executives of New England Residential Services Inc and what are their salaries?
The average compensation at New England Residential Services Inc during 2022 was $24,021. There are 165 employees at New England Residential Services Inc.
Here are 8 key members and their salaries:
- Compensation: $138,606
- Related: $0
- Other: $7,228
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.newenglandresidential.com
Where can I find the form 990 for New England Residential Services Inc?
New England Residential Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newenglandresidential.com
Learn more at the official website: www.newenglandresidential.com
Mission Statement of New England Residential Services Inc
New England Residential Services Inc, a non-profit organization, is committed to assisting individuals with developmental disabilities in leading fulfilling lives as valued members of their community. The organization's primary purpose is to provide living arrangements and support for these individuals, enabling them to make choices about their lives. New England Residential Services Inc empowers people with developmental disabilities, supporting them in their homes and workplaces, so they can actively participate and contribute to their community.
In operation, New England Residential Services Inc runs group homes and community integration programs for 38 individuals with developmental disabilities. These programs aim to promote independence and self-reliance, allowing the individuals to make decisions that best suit their needs and aspirations. The organization's efforts are geared towards fostering a sense of belonging and respect for these individuals, ensuring they are integrated into their communities as equals. By doing so, New England Residential Services Inc is instrumental in fostering a more inclusive and compassionate society.
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Impact
June, 2024
New England Residential Services Inc's impact can be seen in its dedication to assisting people with developmental disabilities in their efforts to live full lives as integral, respected members of the community. By operating group homes and community integration programs for 38 individuals with developmental disabilities in Middletown, CT, this organization plays a crucial role in providing living arrangements and support for this vulnerable population. Additionally, their mission to help individuals with developmental disabilities make choices about their lives and support them at home and work showcases their commitment to empowering and enabling these individuals to participate and contribute to their community. Through these efforts, New England Residential Services Inc is making a positive impact on the mental health and overall well-being of those they serve.
This information is meant to be a general summary of New England Residential Services Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $117,044
- Program Service Revenue: $6,515,766
- Gross Receipts: $6,745,798
Assets and Liabilities:
- Total Assets: $3,999,554
- Total Liabilities: $2,390,664
- Net Assets: $1,608,890
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FROM GOVERNMENT
Revenue
$6,515,766
Organization Details
Founding Year
1987
Phone
(860) 347-9633Principal Officer
Maureen Feitelson
Main Address
282 MAIN STREET EXT 2ND FLOOR, MIDDLETOWN, CT, 06457
NTEE Category
Code: F33Z - Mental health
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